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MediaTek raises 2026 cloud ASIC revenue target to $2.5 billion

Original: MediaTek is no longer just for smartphones. The Taiwanese chipmaker just raised its 2026 cloud ASIC target to $2.5B afte

Taiwan's MediaTek, long known mainly for smartphone chips, has raised its 2026 custom cloud ASIC revenue target to $2.5 billion after securing a second major hyperscale AI customer. The company is using advanced packaging to push into custom AI silicon, aiming to turn the business into a serious high-margin growth driver beyond its core handset market.

Why now: MediaTek's push into AI data-center chips signals a major diversification for a company best known for smartphone processors.

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• MediaTek is no longer just for smartphones. The Taiwanese chipmaker just raised its 2026 cloud ASIC target to $2.5B after clinching a second major hyperscale AI customer. Leveraging advanced packaging, it is quietly turning custom silicon into a serious high-margin driver for… · asiaai · 1

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